Solutions  Financial Management
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Financial management focuses on invoice reviews and ensuring that the proper amounts are being billed to the company. Also, monitors any financial related benefits or penalties that may be available as per the contract terms.

Solution FeaturesEstablishes and maintains processes to continually evaluate the effectiveness of outsourcing contracts, ensuring the business case goals of outsourcing are met.

Creates standardized process and procedures, spend visibility, improved compliance, foundation for spend and performance analysis and rebate/discount analysis.

Benefits  Annual financial analysis of vendor contracts to support to justify current and future outsourcing efforts.
 Tracking and reporting of performance credits and earnbacks.
 Conducting periodic financial risk analysis for current and potential vendor partners.
 Validating financial invoicing to actual performance to forecasted performance